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Cutting-Edge Payday
Lending Solutions

Get faster, more precise, and secure results with our automated compliance updates

POOR CONVERSION RATES, INCOMPLETION, AND OTHER CHALLENGES

  1. Increase conversion and improve lead generation. 

  2. Overcome generally high delinquency rate & defaults.

  3. Experience higher completion rates with Compassway’s excellent usability and highly efficient decision-making. 

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Advantages

1. Client Board.

2. Customizable Rules.

3. Credit Bureau Integrations.

4. White Labels.

Our solution

Cloud-Based System

Our secure servers and automatic compliance updates ensure fast and smooth deployment of the solution.

Loan Origination Process

Quick, secure, and efficient approval procedures give you a competitive edge when it comes to loan origination.

Servicing

Increase your business performance, fully comply with regulatory standards, identify additional revenue opportunities, and generate detailed company reports.

Lending Process Management

Advanced end-to-end automation and a combination of standard and alternative scoring systems ensure precise profiling and risk-based lending.

Smart Analytics

Receive clear insights into overdue accounts and other critical performance metrics when by applying our fast and dependable analytics.

Configurable Reports

Make use of analytical insights on staff performance, portfolio quality, and the overall progress of your lending business.

Payday loan solution with end-to-end automation  

Client Board

Compassway is a reliable and highly adjustable system that can help you grow your payday business and enhance credit decision-making.

Automatic Scoring System

Our scoring algorithm decreases risk while increasing portfolio return.

Smart Fraud Prevention

The system detects and isolates heavy-risk users, hence preventing fraud.

Why compassway is better than other payday lending software

TTM.

Modular Architecture.

24/7 Tech Support.

Increased Performance Rate.

Advanced Credit Decisioning Processes.

Reliable Anti-Fraud Measures.

WHAT CUSTOMERS SAY

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We used to have an older system that required more than a day to update or deploy a new risk model. In addition, credit decisions were slow. We estimated we were losing 15% of customers due to abandoned applications. For millennials, who are now a majority of our clients, responsiveness and convenience are key for lending services.
We implemented an end-to-end digital lending platform offered by CompassWay and it allowed to significantly improve customer retention. Up-to-date risk models also mean lower defaults rate and improved profitability. The system is easy to work with in case we need to add new clients or product types. We also received excellent customer support from CompassWay team. Overall very satisfied with the upgrade decision.

Denis Bobrov, CFO of CreditUP

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